There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
RAY DALIO
RAY DALIO
Ray Dalio on essential
“There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.”
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Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
Ray DalioRay Dalio Forget about what the technology is. Just understand the motivation behind it.
Ray DalioRay Dalio The more you think you know, the more closed-minded you’ll be.
Ray DalioRay Dalio I could see that making judgments about people so that they are tried and sentenced in your head, without asking them for their perspective, is both unethical and unproductive. So I learned to love real integrity and to despise the lack of it.
Ray DalioRay Dalio Successful people ask for the criticism of others and consider its merit.
Ray DalioRay Dalio What matters most is that the people you work with share your values.
Ray DalioRay Dalio Since the only way you are going to find solutions to painful problems is by thinking deeply about them – i.e., reflecting – if you can develop a knee-jerk reaction to pain that is to reflect rather than to fight or flee, it will lead to your rapid learning/evolving.
Ray DalioRay Dalio The media has the power to create an entrenched perception of reality that’s incorrect.
Ray DalioRay Dalio There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That’s a beautiful deleveraging.
Ray DalioRay Dalio I’ve learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I could figure out what that was, I could learn how to be more effective.
Ray DalioRay Dalio People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony.
Ray DalioRay Dalio Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress.
Ray DalioRay Dalio Almost everything is like a machine.
Ray DalioRay Dalio Meditation, more than any other factor, has been the reason for what success I’ve had.
Ray DalioRay Dalio When you think that it’s too hard, remember that in the long run, doing the things that will make you successful is a lot easier than being unsuccessful.
Ray DalioRay Dalio If you don’t own Gold, you know neither history nor economics.
Ray DalioRay Dalio